Day: January 31, 2018

Artificial intelligence (AI) is getting a lot of attention from investors these days and with good reason. It’s a technology with the potential to transform everything from transportation to cloud computing. Many companies are betting that AI will influence not just their products and services, but nearly every aspect of their business. Read on to discover nine things you may...
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Most investors recognize Microsoft (NASDAQ: MSFT) as the company that dominates PCs with the Windows operating system, owns the productivity software market with Office, ranks second in the cloud platform race with Azure, and sells the Xbox One, the second best-selling gaming console in the world. Analysts believe those growth engines will boost Microsoft’s revenues by 10% this year and 8%...
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By now, you’ve probably heard about The Wall Street Journal’s article on allegations of sexual harassment and assault (which I will refer to in this article as alleged sexual misconduct) by Wynn Resorts (NASDAQ: WYNN) founder and CEO Steve Wynn. The allegations sent the stock lower on Friday and have sent the gaming world into a whirlwind. Steve Wynn called...
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Canada’s benchmark index looked set to open lower on Wednesday, dragged down by falling oil prices . Stock futures for the March quarter on the S&P TSX index were down 0.01% recently. Action Economics said crude prices are down for a third consecutive session in what is now the biggest percent correction oil has seen since the first week of...
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The U.S. pays more on healthcare costs than any other developed nation — 17.9% of our gross domestic product in 2016, according to a recently released report by the Centers for Medicare and Medicaid Services, the U.S. government agency charged with tracking those costs. This amounts to $3.3 trillion, or an astounding $10,348 for every man, woman, and child in...
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HCA Healthcare (NYSE: HCA) , the nations’ largest for-profit hospital system, reported its fourth-quarter results on Tuesday, Jan. 30th. While the recent changes to the U.S. tax code wreaked havoc on the company’s net income and earnings per share, a closer look at the operating results showed that the hospital conglomerate continues to perform well. So well, in fact, that...
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Defense contractor Raytheon (NYSE: RTN) reported fourth quarter and full-year earnings Thursday morning. Investors seem to have liked what they saw, with Raytheon shares ending the week 6.2% higher than they began it, and continuing their rise in the new week. But was that the right call? Is Raytheon 7% more valuable after earnings than it was before? Let’s find out....
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It’s quite possible that the cryptocurrency gains witnessed by investors between the start of 2017 and first week of 2018 could go down as the most robust for a single asset class over a roughly one-year span in history. In a 53-week span, the combined value of all virtual currencies exploded higher by more than 4,500%. Good luck finding returns...
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Netflix (NASDAQ: NFLX) hasn’t been shy about attributing its recent blowout quarter to its increasingly addictive content. The streaming giant recorded a record-breaking 8.3 million quarterly subscriber additions, blowing away its previous record of 7.05 million subscriber additions in the fourth quarter of 2016. Year 2013 2014 2015 2016 2017 Netflix total subscribers at year end 44 million 57.4 million...
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US stocks were set for an upbeat session Wednesday, after two rough trading sessions, amid a deluge of corporate earnings and economic data, culminating in the release of the latest monetary policy decision from the Federal Open Market Committee later in the session. Oil prices were set up for a third day of losses with global benchmark Brent Crude down...
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